Form 4: Phreesia Inc. Executive Sells Shares to Cover Tax Obligations

A Phreesia Inc. executive, Amy Beth VanDuyn, sold 604 shares of common stock to cover tax obligations related to a restricted stock unit settlement.

Summary

• Amy Beth VanDuyn, SVP of Human Resources at Phreesia Inc., sold 604 shares of common stock on January 15, 2025.
• The sale was executed to cover tax withholding obligations associated with the settlement of restricted stock units.
• The shares were sold at a weighted average price of $26.9813, with individual transaction prices ranging from $26.6905 to $27.38 per share.
• Following the transaction, VanDuyn beneficially owns 115,029 shares of Phreesia Inc. common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any significant positive or negative sentiment.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax obligations when restricted stock units vest.

Comparison to Industry Standards

• Sales of shares by executives to cover tax obligations are a common practice across publicly traded companies.
• The price range of the sale is within the typical fluctuations seen in the market for similar companies.
• The number of shares sold is relatively small compared to the total shares held by the executive.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on the stock price, but it is not expected to be significant.

Key Dates

Keywords

Phreesia Inc., stock sale, insider trading, Form 4, executive compensation, restricted stock units, tax obligations